The MANSARD team has completed over 310,000 s/f of heathcare/medical device deals across the state in recent months. The team closed on the 106,000 s/f acquisition of 300 Griffen Brook Park Dr. on behalf of its client Globus Medical. Peeled off from the REEF/Deutsche Bank portfolio before hitting the market, the asset fit perfectly into Globus Medical's growing robotics and imaging division expansion. Jeremy Cyrier, CCIM and David Maker of MANSARD represented the buyer in the transaction.
Sovereign Health signed a 68,500 s/f lease, taking the entirety of 14 Chestnut Place in Ludlow, Mass., once the home to HealthSouth. Originally an acute care hospital, the property was purchased from the FDIC by Mid-Amercia properties and repositioned as a rehab facility for HealthSouth, who vacated in December, 2014. MANSARD conducted a national search for a replacement tenant, landing Sovereign Health, an operator of 23 residential rehablitiation centers nationwide. Cyrier, Maker, David Giller, and John Hughes, CCIM of MANSARD represented the landlord and located the tenant in the transaction.
Giller represented Acadia Healthcare in their recent expansion into Massachusetts, where he sourced a 24 acre parcel for their ground up construction of a 130,000 s/f hospital serving the Dartmouth/New Bedford markets. Also, Hughes completed two leases on behalf of NxStage in Wakefield and Norwood, assisting in their entry into the direct to patient dialysis delivery systems.
MANSARD's Team helps a select group of individuals, families, businesses and institutions acquire, lease, manage and sell commercial real estate, which includes retail, office, industrial, and multifamily properties. MANSARD uses a proprietary approach called The MANSARD Method to position every real estate opportunity in a unique, special and different way. MANSARD is headquartered in Reading, Mass.